And by "direct access", I'm assuming that those who are licensed with direct access to the MLS listings have the ability to submit bids directly.

Hi @Jason MillarWelcome to BP and to the world of RE Investing.If you have the ability and desire to get a place before going back to school I don't see why you should wait.

I think the GC and architect kind of "rule of thumbed" it a bit too much, and were a little shy on the assessment procedures.I mean, I am willing to pay for it, because you can't create a nice house that will sell for nearly twice the median while using substandard elements.

If it was still there, they would hire one of their vendors who charge too much to take it down and then send you a bill.

I spend all my time in commercial and my ability to assess a residential property is about the same as my ability to assess the tea leave market in Tokyo...I could make some general assumptions based on investing principles but assumptions are all they are.

That can come from cash as well as the ability to obtain emergency funds.

This gives me the ability to have my days free and time to focus on rehabs and getting additional licences.

Also, I would do some serious due dilligence regarding the ability to sub-divide the lot.

If you are in for the long haul, the right time to buy is whenever you find an opportunity fitting your investing goals and within your means and ability to complete the purchase.Trying to time any market for the "right time" is foolish, risky and rarely successful.Set your investing goals and parameters based on the conditions you see around you and then execute to your plan.

As a quasi-govt entity, they are not subsidized directly but they are as to losses after their ability to cover the obligations.